The Crypto Burn Book

news Titan, a new product from Bloq Labs, aims to make it easier to set up and run new blockchain miners in global farms. The software is essentially a web-based mining manager for owners of large setups. You install it onto your machines and then launch a server that will collect and analyse all of…

A bitcoin exchange-traded fund (ETF) lets traders gain exposure to BTC via traditional stock markets, without needing to directly buy or sell the digital asset on a cryptocurrency exchange.A bitcoin ETF is an exchange-traded fund that specifically tracks the price of the leading cryptocurrency and allows traders to purchase or sell the security on a…

Digital asset investment manager Grayscale’s CEO Michael Sonneshein said that fees of its bitcoin (BTC) exchange-traded fund (GBTC) will decrease over time, CNBC reported on Tuesday.Since January, GBTC has seen $12 billion in outflows due partly to its high fees compared to its competitors. The fund earlier had the largest volume of assets among the

Jun 30, 2020 at 19:22 UTCCompound Changes COMP Distribution Rules Following ‘Yield Farming’ FrenzyThe daily distribution of the Compound protocol’s COMP token will soon change dramatically. Compound governance proposal #11 passed today at 18:37 UTC. It will go into effect in two days, after the cooling-off period passes. When that happens, it’s very likely that…

news U.S. Secretary of State Michael Pompeo has said he believes that cryptocurrencies should be regulated in the same way as financial institutions. In an interview with CNBC’s Squawk Box on Tuesday, Pompeo was asked how best to regulate Facebook’s Libra or bitcoin. He responded: “My sense is this: We should use the same framework that…

news Canadian investment fund manager 3iQ received initial approval on its long road to launch a closed-end bitcoin fund on the Ontario Stock Exchange later this quarter. The firm said on Wednesday that it received a favorable ruling before a panel of the Ontario Securities Commission (OSC) for the Bitcoin Fund, noting the commission moved…

Private equity firm Aurum Equity Partners said Tuesday it is launching a $1 billion tokenized equity and debt fund on the XRP Ledger (XRP) network, an enterprise-focused blockchain closely associated with Ripple. The fund focuses on investments in data centers across the U.S, United Arab Emirates, Saudi Arabia, India, and Europe, and it is claimed

Jul 27, 2020 at 23:01 UTCU.K.-based fintech firm Revolut announced Tuesday it has added Stellar lumens (XLM) to its list of supported cryptocurrencies.  In a press statement emailed to Coindesk, Revolut said customers will now be able to trade and hold XLM on its platform.According to the statement, Stellar’s addition was in response to “overwhelming…